Tom Webb
Manheim Consulting
Chief Economist
CLICK HERE to read Manheim Consulting’s Index for June 2012
June’s drop in wholesale prices was much faster than May’s (-0.8%) and April’s modest decline of only -0.1%; Should be retreat that still leaves both buyers and sellers in comfortable position, retail markets unperturbed, and profit opportunities intact.
June’s New Vehicle Sales More Stable than One Might Read:
Transaction prices rose, and any change in reported incentive activity was well w/in margin of measurement error.
Compact Cars Have Been Weakest Segment Over Past 3 Months:
And past 6 months and past year, but longer-term rise has been exceptional.
Pickup Trucks Were Only Market Segment Up Over Past 3 Months:
They have also outperformed all other segments over past 6 months and past year.
